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Nat24: 100X.VC aims to invest in 100 startups via iSAFE in a year
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Jul 17, 2019

India’s first Fund to invest in 100 startups in a span of one year using iSAFE – India SAFE Notes, launched today. “iSAFE” stands for India Simple Agreement for Future Equity, an alternative to a convertible security note, that is beneficial for start-ups Customized for India, iSAFE will avoid tedious documentation and cut timelines significantly.

100X.VC is a sector agnostic fund and will focus its investments in companies across a broad range of industries. The investment thesis of 100X.VC will be to invest in startups having disruptive business models, high growth and scale. The investment size for each early-stage startup would range from INR 2.5 million to 10 million.

Read more here.


 

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100X.VC is the first VC to invest in early stage startups using founder friendly India SAFE Notes.
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